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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Craig DeHaan who wrote (7213)	12/7/1997 10:45:00 AM
From: gonzongo	Read Replies (2) \| Respond to of 12039

Craig- I do use trend channels but in WOW pretty much have to draw them by hand. I now have another program-Advanced Get which can auto draw them. They are excellent tools. I think the point here is that creation of reference points outside of price such a support- resistance, trend lines, envelopes or bands, fibonacci retracements, gann lines are key in determining price movement. Each tool adds another level of understanding. As far as BB constrictions here are a couple more to look at using 8 day BB's in combination with stochrsi(8,5) and (13,8). ARTS AMES SLOT (on the short side) However- this combination alone is not a sure fire breakout- It just occurs before many of them. andy